New Delhi: Air cooler maker Symphony Ltd on Friday reported a consolidated net profit of Rs 40 crore for the fourth quarter ended March 2020. The company had reported a net profit of Rs 3 crore in the January-March quarter a year ago, Symphony said in a BSE filing. Its revenue from operations stood at […] More
NEW DELHI: IT shares were trading on a mixed note in Friday’s session. Shares of Wipro (up 4.89 per cent) , MPhasis (up 3.96 per cent) , Just Dial (up 2.43 per cent) , Mindtree (up 1.72 per cent) , HCL Technologies (up 1.09 per cent) and Info Edge (India) (up 0.41 per cent) were […] More
NEW DELHI: Shares of Reliance Industries Ltd. traded 0.6 per cent down in Friday’s trade at 09:17AM (IST). Around 6,562 shares changed hands on the counter. The scrip opened at Rs 1470.7 and touched an intraday high and low of Rs 1470.7 and Rs 1458.45, respectively, in the session so far. Shares of the company […] More
New Delhi: Tyre maker Ceat on Thursday reported a 19.58 per cent decline in consolidated net profit at Rs 51.72 crore for the fourth quarter ended March 31, 2020. The company had posted a net profit of Rs 64.32 crore in January-March quarter a year ago, Ceat said in a regulatory filing. Revenue from operations […] More
New Delhi: Welspun Enterprises on Thursday said its board has given its nod to raise Rs 175 crore through allotment of NCDs on a private placement basis. The allotment was approved by the company’s board of directors on Wednesday, it said. “The allotment of 1,750 rated, listed, secured, redeemable non-convertible debentures (NCDs) having face value […] More
NEW DELHI: Shares of Quess Corp Ltd. traded 1.29 per cent down in Thursday’s trade at 11:06AM (IST). Around 6,444 shares changed hands on the counter. The counter opened at Rs 199.0 and touched an intraday high and low of Rs 205.95 and Rs 195.0, respectively, in the session so far. Shares of the company […] More
Mumbai: With just two more trading sessions to go, the de-materialised trading of Reliance Industries – Rights Entitlement (RIL-RE) on Wednesday closed with a 11 per cent gain over the previous day. RIL-RE closed at Rs 201.5, a gain of 11 per cent over Tuesday’s close, after touching an intra-day high of Rs 209.90, according […] More
New Delhi: Investor wealth surged by Rs 2,01,549.38 crore on Wednesday following a rally in the broader market. The 30-share BSE Sensex settled 995.92 points or 3.25 per cent higher at 31,605.22. During the day, it gained 1,051.3 points to 31,660.60. Led by the rally in equity market, the market capitalisation of BSE-listed companies soared […] More
Bengaluru: United Spirits on Wednesday reported net profit decline of 81% at Rs 23.9 crore for the fourth quarter ended March, mainly due to Covid-19 led disruption intensified by ongoing consumption slowdown and inflation in raw material cost during the fiscal. A year ago, the country’s largest liquor firm which is controlled by Diageo Plc, […] More
New Delhi: Non-banking financial player IndoStar Capital Finance on Wednesday said it has raised Rs 1,225 crore equity capital from Brookfield, an alternative asset manager. The investment by Brookfield in the retail-focussed NBFC is a combination of primary investment in equity shares and compulsorily convertible preference shares (CCPS). With this investment, Brookfield will become a […] More
New Delhi: The National Company Law Tribunal (NCLT) has allowed the debt-ridden IL&FS to sell its 50 per cent stake in the GIFT City to the Gujarat government for an aggregate consideration of Rs 32.70 crore. A two-member NCLT bench headed by acting president B S V Prakash Kumar allowed IL&FS to sell its 3.27 […] More
By Vildana Hajric Bitcoin’s trading above $9,000 once again, but technical indicators suggest the largest cryptocurrency is stuck in a funk. Though the price level may provide support, Bitcoin needs to break out of the downtrend it formed when its May high failed to take out the one reached in February. Any further rally that […] More
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